Ripple has made significant strides with its RLUSD stablecoin, launching in private beta on the XRP Ledger and Ethereum blockchain. During this phase, RLUSD tokens worth $34.8 million were distributed on the XRPL, and $12.6 million on Ethereum, highlighting Ripple's strategic deployment ahead of its mainnet release.
Cryptoquant has added a portal that tracks the distribution of RLUSD, offering users insights into Ripple's stablecoin movements. This initiative aligns with Ripple's plan to enhance transparency and monitoring of digital assets across different platforms, ensuring robust preparation for RLUSD's upcoming public mainnet launch.
